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Published on 4/24/2018 in the Prospect News Structured Products Daily.

Barclays plans five-year SuperTrack notes tied to S&P 500, the Dow

New York, April 24 – Barclays Bank plc plans to price 0% SuperTrack notes due May 2, 2023 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.375 to 1.425 times the gain of the worse performing index. The exact leverage factor will be set at pricing.

If the lesser performing index falls but ends at or above its 50% barrier level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

Barclays is the agent.

The notes will price on April 27 and settle on May 2.

The Cusip number is 06746X6W8.


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